The Business Guardian - October 24, 2023

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October 24, 2023

INDIA WILL REMAIN FASTEST-GROWING MAJOR ECONOMY IN FY'24

September edition of Monthly Economic Review also flagged that global uncertainties have been compounded by recent developments in the Persian Gulf

3 mins

Net FDI down to $3 bn in April-August: RBI data

Net foreign direct investment (FDI) in India, representing the difference between inflows and outflows, has witnessed a significant decline during the period of April to August this year, falling from $18.03 billion in the same timeframe last year to $2.99 billion. This decline can be attributed to several factors, including a moderation in global economic activities and a notable increase in repatriation of investments.

1 min

Centre plans Rs 30k cr expansion of PM Fasal Bima Yojna

The government is contemplating earmarking a sum of Rs 30,000 crore for the expansion of the Pradhan Mantri Fasal Bima Yojana (PMFBY) portal, as reported by media.

1 min

Riyadh: Goyal to meet ministers, businesses to discuss trade, invest

As per an official statement on Monday, Commerce and Industry Minister Piyush Goyal will meet senior leaders and businesses in Riyadh, Saudi Arabia, during his two-day visit commencing on October 24.

2 mins

Global billionaire tax could yield $250 billion

Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday.

2 mins

Amit Shah to inaugurate nano DAP plant in Gujarat on Vijaya Dashami

Union Home Minister Amit Shah will open India’s first liquid nano diammonia phosphate (DAP) facility of Indian Farmers Fertiliser Cooperative Limited (IFFCO) on October 24 in the Gandhinagar Lok Sabha constituency along the Ahmedabad-Kalol route, ahead of the 2024 elections.

1 min

India's ascent in cruise tourism predicted by Sonowal

Union Minister Sarbananda Sonowal stated that the Global Maritime India Summit, which the nation hosted last week for the third time in the previous seven years, will expand the industry’s growth, which has been expanding since 2014.

1 min

NCEL SECURES RS 7,000 CR ORDERS, PROMISES PROFIT SHARE WITH FARMERS: AMIT SHAH

The Cooperation Minister, Amit Shah, there have been orders worth Rs 7,000 crore thus far. The benefit will be divided among the member farmers

2 mins

GENUS POWER INFRASTRUCTURES ARM SECURES RS 3,121.42 CR ORDER

The fully owned subsidiary of Genus Power Infrastructures Ltd. secured orders totaling Rs. 3115 crore for the provision of 34.8 lakh smart meters

1 min

Anushka & Virat launch venture 'Nisarga' for event promotion

Celebrity couple Anushka Sharma and Virat Kohli disclosed on Monday that they plan to market experiences and events through their new business, Nisarga.

1 min

PIA CANCELS FLIGHTS OVER NON-PAYMENT OF DUES TO FUEL SUPPLIER

The airline cancelled 26 flights from various cities in Pakistan. PIA has paid PKR220 million to PSO for fuel supply

3 mins

Cipher Case: Islamabad Court Indicted Imran Khan and SM Qureshi

A special court in Islamabad, Pakistan, indicted former Prime Minister Imran Khan and ex-Foreign Minister Shah Mahmood Qureshi on Monday.

2 mins

DELHI HC EMPHASIZES THE VITAL ROLE OF OMBUDSMAN SCHEME

Expressing dismay at the “high-handed approach” of the RBI ombudsman in a complaint against a bank, the Delhi High Court has emphasized that the Ombudsman Scheme plays a pivotal role in providing an avenue for consumers seeking justice against regulated entities, like banks or NBFCs.

1 min

Delhi HC Seeks Fresh Status Report On Removal Of Cattle From City's Roads

The Delhi High Court has recently called for a fresh status report from the Delhi Government over the gathering of cows and buffaloes on the road of the national capital and steps taken in this regard.

1 min

West Bengal Passport Scam: CBI Arrests 4 Officials

The CBI has recently arrested 4 officials of the Regional Passport Office in Kolkata in connection with a racket in which passports were issued to Nepalese citizens based on forged documents.

1 min

IKEA Charges For Bag With Its Logo On It, Consumer Court Orders Compensation To Consumer

A Consumer Commission in Bengaluru has recently ordered Swedish furniture retailer IKEA to refund a consumer, and also pay Rs 3,000 as compensation for charging her for a paper bag to carry the goods she purchased.

2 mins

Regional leaders gain influence in candidate selection

The upcoming state assembly elections in Madhya Pradesh, Chhattisgarh, and Rajasthan have sparked considerable interest in India’s political arena. Both major political parties have unveiled their lists of candidates, marking a noteworthy change in the nation’s political landscape.

1 min

INDIAN CRICKET GREAT BISHAN SINGH BEDI DIES AT 77

Former India cricket team captain Bishan Singh Bedi died at the age of 77 after a prolonged illness

2 mins

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The Business Guardian Newspaper Description:

The Business Guardian is a monthly business magazine published in India. It was launched in 2005 and is one of the most popular business magazines in the country. The magazine is known for its in-depth coverage of the Indian economy, as well as its insights from leading experts in the field. It covers a wide range of topics related to business, including:

* Economic news and analysis: The Business Guardian covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Industry news and trends: The Business Guardian also covers the latest news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: The Business Guardian also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Management and leadership: The Business Guardian also features articles on management and leadership. These articles help readers to develop their skills and knowledge in these areas.

The Business Guardian is a valuable resource for anyone who is interested in business in India. It is a must-read for anyone who is looking to stay informed about the latest economic and business trends in the country, or who is looking for insights from leading experts in the field.